Wu Shuo learned that Ethereum officials released a post reviewing the ecosystem progress in 2025 and disclosed multiple key data points: Ethereum DeFi TVL exceeded $99 billion, over 9 times that of the second-largest L1; stablecoin settlement volume on Ethereum reached $18.8 trillion in 2025. L2 transaction fees dropped below $0.01, with average Rollup TPS across the network reaching 5600 for the first time. In terms of institutional adoption, ETFs and strategic reserves collectively hold over $35 billion in ETH, with on-chain RWA issuance exceeding $12 billion. Technically, two upgrades—Pectra and Fusaka—have been deployed, with L1 gas limit increased to 60M. To date, Ethereum has deployed 88 million+ smart contracts, with peak daily transactions of 1.74 million, and approximately 32,000 active developers.
Wu Shuo learned that Ethereum officials released a post reviewing the ecosystem progress in 2025 and disclosed multiple key data points: Ethereum DeFi TVL exceeded $99 billion, over 9 times that of the second-largest L1; stablecoin settlement volume on Ethereum reached $18.8 trillion in 2025. L2 transaction fees dropped below $0.01, with average Rollup TPS across the network reaching 5600 for the first time. In terms of institutional adoption, ETFs and strategic reserves collectively hold over $35 billion in ETH, with on-chain RWA issuance exceeding $12 billion. Technically, two upgrades—Pectra and Fusaka—have been deployed, with L1 gas limit increased to 60M. To date, Ethereum has deployed 88 million+ smart contracts, with peak daily transactions of 1.74 million, and approximately 32,000 active developers.